{"id":2614,"date":"2025-07-18T08:11:09","date_gmt":"2025-07-18T08:11:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/2614\/"},"modified":"2025-07-18T08:11:09","modified_gmt":"2025-07-18T08:11:09","slug":"why-we-cannot-build-enough-homes","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/2614\/","title":{"rendered":"Why we cannot build enough homes"},"content":{"rendered":"<p>Australia is experiencing a generational housing shortage, exacerbated by historically high immigration-driven population growth and a sluggish housing supply.<\/p>\n<p>A meeting of the national cabinet in August 2023 agreed on a National Housing Accord, which aims to build 1.2 million new homes between July 1, 2024, and July 1, 2029.<\/p>\n<p>This 1.2 million target requires 240,000 homes to be constructed annually, which is approximately 7% higher than the record single-year construction of 223,600 reached in 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"Australia is experiencing a generational housing shortage, exacerbated by historically high immigration-driven population growth and a sluggish housing&hellip;\n","protected":false},"author":2,"featured_media":2615,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-2614","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/2614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=2614"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/2614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/2615"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=2614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=2614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=2614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}